Oct 10, 2019 Ontario Tax sale properties Municipality of southwest Middlesex

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Oct 10, 2019 Ontario Tax sale properties Municipality of southwest Middlesex

Post: # 49275Post Flipping4Profit.ca
Sun Sep 22, 2019 2:27 pm

municipal act, 2001

sale of land by public tender

ontario regulation 181/03

municipal tax sales rules
The Corporation of the Municipality of southwest Middlesex

take notice that tenders are invited for the purchase of the lands described below and will be received until 3:00 p.m. local time on October 10, 2019, at the Southwest Middlesex Municipal Office, 153 McKellar Street, Glencoe.

The tenders will then be opened in public on the same day as soon as possible after 3:00 p.m. at the Southwest Middlesex Municipal Office, 153 McKellar Street, Glencoe.

Description of Land(s):

Roll No. 39 06 000 060 09500 0000; 5173 Glendon Dr., Appin; PIN 08545-0253 (LT); Lots 9, 10 & 11, Block D, 34Plan168 except BLW291 and except Part 1 on Plan 33R-14741; Ekfrid; Municipality of Southwest Middlesex; File No. 17-13

According to the last returned assessment roll, the assessed value of the land is $144,750

Minimum Tender Amount:
$44,197.89

Roll No. 39 06 008 010 40700 0000; 158 Mill St., Glencoe; PIN 08565-0112 (LT); Part Lot 1, Block E, W of Main St, 34Plan159, designated Parts 3, 4, 6 & 7, Plan 34R1341; S/T MW69510 Glencoe; File No. 17-18

According to the last returned assessment roll, the assessed value of the land is $154,500

Minimum Tender Amount:
$39,342.99

Roll No. 39 06 000 040 04200 0000; 6565 Longwoods Rd., Melbourne; PIN 08553-0005(LT); Part of Block A, S of Queen St 34Plan151 as in MW112896; Ekfrid; File No. 18-02

According to the last returned assessment roll, the assessed value of the land is $102,000

Minimum Tender Amount:
$17,591.97

Tenders must be submitted in the prescribed form and must be accompanied by a deposit of at least 20 per cent of the tender amount, which deposit shall be made by way of a certified cheque/bank draft/ money order payable to the municipality.

Except as follows, the municipality makes no representation regarding the title to, environmental concerns, crown interests, or any other matters relating to the lands to be sold. Responsibility for ascertaining these matters rests with the potential purchasers. Any interests of the Federal or Provincial Crown encumbering the land at the time of the tax sale will continue to encumber the land after the registration of the tax deed. The assessed value according to the last returned assessment roll may or may not be representative of the current market value of the property.

This sale is governed by the Municipal Act, 2001 and the Municipal Tax Sales Rules made under that Act. The successful purchaser will be required to pay the amount tendered plus accumulated taxes and any taxes that may be applicable, such as a land transfer tax and HST.

The municipality has no obligation to provide vacant possession to the successful purchaser.

A copy of the prescribed form of tender is available on the website of the Government of Ontario Central Forms Repository under the listing for the Ministry of Municipal Affairs.

For further information regarding this sale and a copy of the prescribed form of tender contact:

Kristen McGill, H.B.Com, CPA, CGA
Treasurer
The Corporation of the Municipality of Southwest Middlesex
153 McKellar Street
Glencoe ON N0L 1M0
519-287-2015 ext. 108

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